Inspira Nears First FDA 510(K) Approval, 3 US Patents Approved, $546M in Summary Distribution Agreements
Portfolio Pulse from Benzinga Newsdesk
Inspira Technologies OXY B.H.N. Ltd. (IINN) is on track to receive its first FDA 510(k) clearance for the INSPIRA ART100 in H1 2024, with plans for more submissions. It has secured three US patents and signed $546M in distribution agreements, pending regulatory approvals.
February 27, 2024 | 12:15 pm
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Inspira Technologies is nearing its first FDA 510(k) clearance for INSPIRA ART100, has secured three US patents, and signed $546M in distribution agreements.
The nearing FDA 510(k) clearance for INSPIRA ART100, along with the secured patents and significant distribution agreements, indicate strong future prospects for Inspira Technologies. These developments are likely to positively impact investor sentiment and the stock price in the short term, as they demonstrate progress in product development and market expansion.
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